DIP Financing: Structuring Roll-Overs, Cross-Collateralization, Priming Liens, Junior DIP Financing, and More
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will discuss challenging issues in debtor-in-possession (DIP) financing that are most often the subject of contentious negotiations between DIP lenders and other secured creditors, as well as the subject of intense scrutiny by bankruptcy judges.
- Rollover of pre-petition secured debt
- Priming liens
- Liens or super-priority claims on avoidance actions
- Releases and waivers of challenges to liens and other future borrowings
- Section 506(c) waivers
- Junior DIP financing
- "Carve-out" for professional fees
The panel will review these and other key issues:
- What must counsel consider in evaluating defensive vs. offensive DIP loans?
- How does the debtor seeking a priming lien convince the existing lender to consent or convince the court that the current lender's lien is adequately protected?
- How do bankruptcy courts treat releases of pre-petition secured lenders?
Eric W. Anderson
Parker Hudson Rainer & Dobbs
Mr. Anderson concentrates his practice in bankruptcy, workouts, financial restructuring and commercial finance. He... | Read More
Mr. Anderson concentrates his practice in bankruptcy, workouts, financial restructuring and commercial finance. He regularly represents banks, financial institutions, secured asset-based lenders, investors, trustees, debtors-in-possession, and other parties in bankruptcy and financial restructuring matters. This includes representation in workouts and restructuring matters both in and out of bankruptcy.Close
John Henry Knight
Richards Layton & Finger
Mr. Knight represents debtors, prepetition and DIP lenders, purchasers, and other parties in interest in Delaware... | Read More
Mr. Knight represents debtors, prepetition and DIP lenders, purchasers, and other parties in interest in Delaware chapter 11 cases. He is “professional, smart, responsive, and keenly aware of the issues and problems confronting his clients.” Clients report that “his astute perspective on each bankruptcy judge’s tendencies, past rulings, and hot buttons is invaluable” (Chambers USA).Close